The post Elon Musk Invests $200M in Trump, Treats Government Like X (Twitter) appeared on BitcoinEthereumNews.com.

Key Points: Elon Musk invested $200 million in Trump’s campaign, creating America PAC for voter outreach. America PAC employed various strategies, including paid canvassers and social media advertising. Elon Musk applies his X (Twitter) management style to politics. His political strategies, including voter incentives and social media amplification, echo his corporate approach and could potentially influence future governmental structures. Elon Musk, the entrepreneur who founded Tesla and SpaceX, has waded deeper into politics with an investment estimated at roughly $200 million in Donald Trump’s presidential campaign. In addition to money, Musk is engaged, having participated in campaign activities while using his social media platform, X-formerly Twitter-to amplify Trump’s message. Elon Musk’s Political Influence Grows In May 2024, Musk started America PAC, a political action committee that had become one of the biggest players in the election. The organization has spent more than $170 million since its creation and up until Election Day. As a personally active member himself, Musk has gone on to conduct campaign activities that included moving to Pennsylvania for town halls and Q&A sessions. America PAC’s strategy has been based on three key goals: The registration of new voters The promotion of early voting The mobilization of people who probably are not registered or voters The group has hired paid canvassers and invested heavily in direct mail and social media advertising targeting a younger demographic that aligns with Musk’s fan base. After some initial organizational hiccups, America PAC grew to a staff of 2,000 workers and did huge outreach, reportedly having canvassers knock on some 11 million doors, including in rural areas where few campaigns bother to go. Elon Musk rewards Kristine Fishell with a $1 million check in Pittsburgh. Photographer: Michael Swensen/Getty Images According to Bloomberg, Musk used the money paid to a voter for referring…

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Filed under: News - @ November 13, 2024 4:25 am